US00131MAQ69 Statistic Functions Variance

00131MAQ6   101.88  0.44  0.43%   
00131MAQ6 statistic functions tool provides the execution environment for running the Variance function and other technical functions against 00131MAQ6. 00131MAQ6 value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Variance function function is designed to identify and follow existing trends. 00131MAQ6 statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period and Deviations to execute this module.

Function
Time Period
Deviations
Execute Function
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. US00131MAQ69 Variance is a measurement of the price spread between periods of 00131MAQ6 price series.

00131MAQ6 Technical Analysis Modules

Most technical analysis of 00131MAQ6 help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for 00131MAQ6 from various momentum indicators to cycle indicators. When you analyze 00131MAQ6 charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About 00131MAQ6 Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of US00131MAQ69. We use our internally-developed statistical techniques to arrive at the intrinsic value of US00131MAQ69 based on widely used predictive technical indicators. In general, we focus on analyzing 00131MAQ6 Bond price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build 00131MAQ6's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of 00131MAQ6's intrinsic value. In addition to deriving basic predictive indicators for 00131MAQ6, we also check how macroeconomic factors affect 00131MAQ6 price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
101.27101.88102.49
Details
Intrinsic
Valuation
LowRealHigh
101.15101.76102.37
Details
Naive
Forecast
LowNextHigh
101.46102.07102.67
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
100.08101.69103.31
Details

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US00131MAQ69 pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if 00131MAQ6 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in 00131MAQ6 will appreciate offsetting losses from the drop in the long position's value.

00131MAQ6 Pair Trading

US00131MAQ69 Pair Trading Analysis

The ability to find closely correlated positions to 00131MAQ6 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 00131MAQ6 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back 00131MAQ6 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling US00131MAQ69 to buy it.
The correlation of 00131MAQ6 is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 00131MAQ6 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if US00131MAQ69 moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for 00131MAQ6 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in 00131MAQ6 Bond

00131MAQ6 financial ratios help investors to determine whether 00131MAQ6 Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 00131MAQ6 with respect to the benefits of owning 00131MAQ6 security.